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Thank you for your patience!
- M.W.
Thank you for your patience!
- M.W.
Audacy officially files for Chapter 11 reorganization
Re: Audacy officially files for Chapter 11 reorganization
On a kinda related note, Salem Media is about to get delisted for a low stock price. The Conservative/Evangelical company will need ad spending in an election year to keep it afloat. They continue to sell off pieces of the company while praying for a recovery.
Re: Audacy officially files for Chapter 11 reorganization
Boy that's a lot of hope. I just wonder how Fields went from being a guy I generally respected as an operator to this. I hope all the acquisitions were worth it.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
Re: Audacy officially files for Chapter 11 reorganization
At this point you need someone who can figure out a way to monetize radio the way Newspapers have figured it out. That's not coming from someone who has the next great 11 songs in a row.
Engagement is poor with most stations.
Engagement is poor with most stations.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
-Romans 16:18
Posting Content © 2024 TC Talks Holdings LP.
- Colonel Flagg
- Posts: 1417
- Joined: Tue Nov 18, 2008 3:54 pm
Re: Audacy officially files for Chapter 11 reorganization
Agreed.MWmetalhead wrote: ↑Tue Jan 09, 2024 12:50 pm Yeah, no kidding. My gut feeling is the warrants being issued to the second lien lenders will never be worth anything. They will expire four years from BK emergence.
I hope Joel Hollander doesn't replace David Field. That would be a terrible error.
My top choice would be Dan Mason.
As someone who worked with both Infinity and CBS, I can honestly say, Joel Hollander was lousy. An empty suit.
"Don't you knock when you enter a room?"
Re: Audacy officially files for Chapter 11 reorganization
Dan Mason would be the White Knight
Re: Audacy officially files for Chapter 11 reorganization
Expect cuts on 97.1. They will probably go to national shows only on the weekends, except for NFL pregame.